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3552 W River Pky NW
Rochester, MN 55901 North Rochester

$890,000 USD

Storefront Retail Office Condo For Sale  •  4,900 SF

Property Details

  • Property Type Storefront Retail Office
  • Total Building Size 10,050 SF
  • Lot Size 0.85 AC
  • Building Class B
  • Year Built 1982
  • Tenancy Multiple
  • Zoning B4- General Commercial
0 Transit Score
54 Walk Score

1 Unit Available

Name Condo Use Size Price Details
2nd Floor - Unit 2 Office 4,900 SF $890,000 USD
  • Unit Size: 4,900 SF
  • Condo Use: Office
  • Price: $890,000 USD
  • Sale Type: Investment or Owner User
  • Price/SF: $181.63 USD

Description

3552 West River Parkway NW presents a great opportunity to acquire a stabilized, net-leased office condominium in NW Rochester. This investment offering features a legacy tenant with over 30 years of operating history at the location, providing a strong foundation of occupancy and reliability. The property is secured by a new five (5) year lease, with an additional five (5) year renewal option, offering long-term income visibility and durability. The net lease structure minimizes landlord responsibilities, making this an ideal opportunity for investors seeking passive, predictable cash flow. Recent capital improvements, including a new roof and upgraded electrical systems, further enhance the stability of the asset and reduce near-term capital expenditure risk. The building itself is very well-maintained, solidly constructed, and benefits from excellent visibility and accessibility along West River Parkway. This offering is well-suited for a 1031 exchange buyer, private investor, or owner seeking a low-management, net-leased office asset with proven tenancy and strong fundamentals in the Rochester market.

Highlights

Net Lease Investment Property
New 5 Year Lease
Legacy Tenant
Recent Capital Improvements

Amenities

  • 24 Hour Access
  • Controlled Access
  • Pylon Sign
  • Signage
  • Wheelchair Accessible
  • Storage Space
  • Air Conditioning

Public Transportation

AirportDriveWalkDistance
Rochester International 18 min - 12.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Matt Gove 507-951-1147 Realty Growth, Inc.
Matt Gove 507-951-1147 Realty Growth, Inc.